Report: Global publisher killed UK games tax break

By Stephany Nunneley, Thursday, 24 June 2010 18:11 GMT


Sources close to Develop claim that one of the world’s largest game publishers is to blame for UK’s games tax break getting canned.

Insiders close to the situation said the company “exerted pressure on the UK government and British trade associations to abandon plans for UK tax breaks,” by persuading Parliament allies to “dissuade any legislative measures”.

The company, Develop was told, was worried that the tax breaks would give the UK sector an “unfair advantage over other nations”.

Responding to the allegation, TIGA has called for “cross-industry unanimity” regarding the claim.

“TIGA has campaigned rigorously for two years for Games Tax Relief,” CEO Richard Wilson told Develop. “We will not give up, and we ask publishers to join us.”

Earlier in the week, UK Chancellor George Osborne announced that tax breaks promised by the former Labour-run government would not move forward, prompting a response from TIGA which stated that the measure would see the UK “forfeit millions of pounds in inward investment”.

More through the links.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.